Moving to Dubai: What Germans Should Know

For wealthy Germans considering emigrating to Dubai, there are many questions and important aspects that need to be clarified. In recent years, Dubai has become a preferred destination for affluent individuals and entrepreneurs who want…

Significant Changes for RAK ICC: 0% Corporate Tax Benefit For Offshore Companies

Following the enactment of the Emiri Decree No. (12) of 2024 Regarding the amendment of Emiri Decree No. (4) of 2016, the Ras Al Khaimah International Corporate Centre (“RAK ICC”) has introduced important changes that…

Special Purpose Vehicles (“SPVs”) in ADGM And DIFC: A Focus on the Recent Amendments to the “Nexus Requirement”

The incorporation of Special Purpose Vehicles (“SPVs”) has gained importance in the financial hub of the UAE, specifically within the Abu Dhabi Global Market (“ADGM”) and the Dubai International Financial Centre (“DIFC”). Recent regulatory changes…